CALGARY, ALBERTA -- (June 26, 2020)
Margaux Resources Ltd. (TSX VENTURE: MRL, OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce the appointment of Marco Roque as its new Chief Executive Officer, effective immediately. Mr. Roque will join the MRL Board as a Director of the Company effective July 1, 2020.
Marco Roque brings to the position a wealth of knowledge and an array of experiences in company development and global capital markets.
Mr. Roque started his career in private banking with Millennium BCP, a large Portuguese bank and joined Barclays Capital in 2007, where for several years he spearheaded the Portuguese derivatives and structured products team with a focus on commodities.
He is a co-founder of Reyna Silver, a silver exploration company with a portfolio of Mexican silver assets, built around two assets that formed part of MAG Silver’s original IPO.
Mr. Roque is also a co-founder and director of Arabian Shield Resources, a private mining company engaged in the acquisition, exploration, and development of mining assets in the Arabian-Nubian Shield and surrounding regions of the Middle-East.
Marco is a CFA charter holder, earned an MBA from Hong Kong University of Science and Technology and London Business School, a Masters in Finance from Nova School of Business and Economics in Lisbon as well as an undergraduate Management degree from the same school.
The Company’s Board and Management team welcome Mr. Roque to the Company.
Tyler Rice will remain in his role as President and Director but effective immediately has resigned from his position as Chief Executive Officer. The Corporation would also like to announce the resignation of Mr. Doug Foster as a Director of the Corporation. The Board thanks Mr. Foster for his valuable contributions to the Company over his many years of service.
About Margaux Resources Ltd.
Margaux Resources Ltd. (TSX.V: MRL, OTCQB: MARFF) is a Canadian gold exploration company focused on exploration in British Columbia, and is directed by a group of highly successful business executives.
Forward Looking Statements
This press release may contain forward looking statements including those describing Margaux's future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ mate rially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Margaux and its management. In particular, this news release contains forward -looking statements pertaining, directly or indirectly, to the following: the timing for effecting the name change and consolidation, the timing for the Common Shares to begin trading under the new symbol on a post-consolidated basis, the timing for completion of the exercise of the Option and other factors. Although Margaux believes that the expectations reflected in these forward-looking statements are reasonably, undue reliance should not be placed on them because Margaux can give no assurance that they will prove to be correct. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These statements speak only as of the date of this release or as of the date specified in the documents referenced by this release, as the case may be. The Company undertakes no obl igation to publicly update or revise any forward-looking statements except as expressly required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Margaux Resources Ltd.
CEO and a Director
+852 6691 6295